Tag: bailout
Norwegian Airlines cuts 1,200 jobs and closes bases across Spain
TROUBLED low-cost carrier Norwegian Airlines has announced that it will cut 1,200 jobs across Spain in a European restructuring plan as it battles with...
Air Nostrum based in Spain’s Valencia region asks for government bailout loan
THE Valencian airline Air Nostrum has asked for a €103 million bailout loan from the Spanish government's rescue fund.
The company says that it lost...
Spain to pay EU billions back in bailout loans ahead of schedule
The economy ministry has announced that €2.5 billion will be transferred to the European Union
Bankia sells off unsecured loans
Two American firms have purchased millions of euros worth of unsecured loans
Competition hots up to take on €50 million of Spanish ‘bad bank’ property assets
Five companies are still in the running, including Solvia, the real estate platform of Spanish lender Sabadell
Spain gives €70m cash injection to save national science agency from bankruptcy
The new injection of funds follows an emergency funding package of €25m in June
EU rejects ‘Cyprus solution’ in Spain
EU denies that savers could see accounts raided to save the euro
Sevilla residents take to the streets to protest against budget cuts
Up to 500 demonstrators shouted slogans, as similar marches took place across the country
Junta to request €5,000 million bailout this week
Request likely to come Tuesday, as Andalucia hopes for upwards of €3,000 million
Good(ish) news for Spanish banks
Relief as ‘stress tests’ reveal only half its banks need a bailout
Anti-austerity protests set to continue throughout Spain
Last night protestors from Coordinadora 25S and 15M attempted to surround Madrid's parliament buildings
Spain dismisses need for urgent bailout
Prime Minister Mariano Rajoy tells parliament that rescue fund may not be needed
Spanish PM defiant over bailout conditions
Mariano Rajoy insists Spain will not seek rescue package if EU demands further cuts
Spain faces bailout delay
EU forces Spanish government to wait for €30 billion cash injection
Andalucia requests €1 billion bailout
Mounting debts force regional bosses to take begging bowl to Madrid
Government debt ceiling condemns Andalucia to yet more cuts
Schools, hospitals and public servant positions will be the first to go
Meltdown in Spain
The economy is on the brink of collapse, threatening to take the euro down with it
Bank ‘bale’ out takes immediate effect
Business as usual at this branch of Barclays in Estepona
‘Junk’ status as Spain asks for bailout
Ratings agency Moody’s took the action against lenders including Santander
Spain will need bailout of between €51-62 billion, according to official audit
Figures announced just days after world leaders urge Rajoy to seek formal rescue package
Spain’s borrowing costs hit record high
Fears over full blown bailout increase as Moody's slashes the country's credit rating to just above 'junk' status
Spanish bailout no more than a sticking plaster
€100 billion bailout of Spain banks dismissed as a temporary solution
Spanish Prime Minister warns of tough times ahead despite €100 billion bailout
Mariano Rajoy claims negative growth will continue and unemployment will rise further
Spain to request €60 billion bailout on Saturday
Set to become the fourth eurozone country to require financial rescue package